Swiss Life strives to always offer the best-possible service. We use cookies on our website to enhance your experience and make ongoing improvements. By continuing to browse the site, you are agreeing to our use of cookies.

The Greek tragedy culminates

30.06.2015

After the abortion of negotiations between the Greek government and its creditors, the European Central Bank feels impelled to end emergency liquidity assistance (ELA) for Greek banks. To prevent further capital outflows, the Greek government decides to introduce capital controls. The banks as well as the bourse remain closed until 6 July. Next Sunday, 5 July, the referendum shall decide about Greece’s membership of the monetary union.